Grom Social Enterprises Inc (GROM) - Total Liabilities
Based on the latest financial reports, Grom Social Enterprises Inc (GROM) has total liabilities worth $4.31 Million USD as of March 2024. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Also explore Grom Social Enterprises Inc (GROM) net asset momentum to track the company's year-over-year net asset growth rate.
Grom Social Enterprises Inc - Total Liabilities Trend (2015–2023)
This chart illustrates how Grom Social Enterprises Inc's total liabilities have evolved over time, based on quarterly financial data. See cash generation quality of Grom Social Enterprises Inc to measure how efficiently the company converts operating cash flow to free cash.
Grom Social Enterprises Inc Competitors by Total Liabilities
The table below lists competitors of Grom Social Enterprises Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
YUMY CANDY COMPANY INC.
F:FWR0
|
Germany | €3.41 Million |
|
Bank Cimb Niaga Tbk
JK:BNGA
|
Indonesia | Rp309.15 Trillion |
|
Effector Therapeutics Inc
NASDAQ:EFTR
|
USA | $26.30 Million |
|
Carzo Holdings Bhd
KLSE:03048
|
Malaysia | RM17.40 Million |
|
LD + HOUSES PCL FGN BA 1
F:LHOG
|
Germany | €88.37 Billion |
|
Invesque Inc
TO:IVQ
|
Canada | CA$8.20 Million |
|
AmpliTech Group Inc
NASDAQ:AMPGW
|
USA | $11.42 Million |
|
Vast Resources PLC
LSE:VAST
|
UK | GBX32.29 Million |
Liability Composition Analysis (2015–2023)
This chart breaks down Grom Social Enterprises Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see GROM market cap.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.60 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.31 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.23 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Grom Social Enterprises Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Grom Social Enterprises Inc (2015–2023)
The table below shows the annual total liabilities of Grom Social Enterprises Inc from 2015 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $5.82 Million | +35.33% |
| 2022-12-31 | $4.30 Million | -63.38% |
| 2021-12-31 | $11.73 Million | +35.38% |
| 2020-12-31 | $8.67 Million | -14.05% |
| 2019-12-31 | $10.08 Million | -16.16% |
| 2018-12-31 | $12.03 Million | +0.72% |
| 2017-12-31 | $11.94 Million | +2306.04% |
| 2016-12-31 | $496.33K | +444.20% |
| 2015-12-31 | $91.20K | -- |
About Grom Social Enterprises Inc
Grom Social Enterprises, Inc., through its subsidiaries, operates as a media, technology, and entertainment company in the United States and Philippines. It operates through three segments: Animation, Original Content, and Social and Technology. The company operates a social media network for children under the age of 13 years. It also produces animated films and televisions series; and provides … Read more